Xpeng

New Business

Xpeng launches G7 ‘Super AI’ SUV, taking on Xiaomi YU7 and Tesla Model Y

Chinese electric vehicle (EV) maker Xpeng launched its G7 SUV on Thursday, sending another contender into a fierce battle in…

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New Business

Chinese firms eye Hong Kong listings after mainland investors’ US$93 billion buying spree

A slew of mainland-listed Chinese technology companies are speeding up fundraising plans in Hong Kong to capitalise on the upbeat…

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New Business

Hong Kong to allow drone trials with higher payloads to boost low-altitude economy

The Hong Kong government plans to permit more businesses to test higher-capacity aerial vehicles, aiming to boost the low-altitude economy…

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New Business

Why competition is heating up in China’s sub-US$20,000 EV segment

Competition in mainland China’s budget electric vehicle (EV) segment is likely to intensify as consumers seek value for money, according…

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New Business

China’s EV price war threatens Nio and Xpeng’s plans to stem losses: JPMorgan

The earnings outlook for Chinese electric vehicle (EV) makers remains cloudy, as their profit margins further decline amid fierce price…

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New Business

Chinese EV maker Xpeng launches AI-chip powered P7 to take on Tesla Model 3, Xiaomi SU7

He Xiaopeng, CEO of the Guangzhou-based carmaker, said the refreshed P7 would set the benchmark for next-generation EVs, and highlights…

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New Business

Chinese carmakers race to build early advantage in flying car ventures after EV rivalry

Some of China’s biggest carmakers, from the iconic Hongqi or Red Flag to Geely Auto and Tesla rival Xpeng, are…

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New Business

Baidu’s Apollo Go expands robotaxi tests in Hong Kong as it aims for global reach

Apollo Go, which operates one of the world’s largest networks of ­robotaxis, has expanded the testing of its autonomous taxis…

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New Business

Tesla loses more sales in China as buyers opt for cheaper, tech-laden domestic models

Deliveries by Tesla’s Shanghai factory plunged in April, reversing a short-lived turnaround a month earlier, in the latest sign of…

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New Business

Xpeng-backed Breton, a maker of EV dump trucks, plans US$30 million Hong Kong IPO

Breton Technology, backed by Chinese electric vehicle maker Xpeng, plans to raise HK$234 million (US$30 million) from its Hong Kong…

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